Govt to procure refined fuel oil, crude oil, LNG worth over Tk22,000cr
The approval was given at the 16th meeting of the Advisers Council Committee on Government Purchase
The government today (11 December) approved separate proposals for procuring refined fuel oil, crude oil and one cargo LNG.
The approval was given at the 16th meeting of the Advisers Council Committee on Government Purchase (ACCGP) of the running year, held at the Cabinet Division conference room at Bangladesh Secretariat with Finance Adviser Salehuddin Ahmed in the chair.
Briefing reporters after the meeting, he said the Energy and Mineral Resources Division would procure one cargo LNG from the spot market from M/S Vitol Asia Pte Ltd, Singapore through an international quotation process at a cost of around Tk708.55 crore (including VAT and Tax) with per MMBtu LNG costing $15.02.
Besides, the Energy and Mineral Resources Division, Bangladesh Petroleum Corporation (BPC) would procure 6 lakh tonnes of Murban grade crude oil from Abu Dhabi National Oil Company (ADNOC) for the 2025 calendar year for around Tk5,208.37 crore.
Besides, BPC would procure 7 lakh tonnes of Arabian Light Crude (ALC) grade crude oil from Saudi Arabian Oil Company (Saudi Aramco) for the 2025 calendar year at a cost of around Tk6,025.21 crore.
Besides, in response to another proposal, the Energy and Mineral Resources Division would procure refined fuel oil for January to June 2025 through an international quotation process with around Tk10,710.16 crore.
Uniqec Singapore Pte Ltd, Singapore will supply the package of refined oil 'A', while Vital Asia Pte Ltd, Singapore package 'B', 'C', 'E' and OQ Trading Limited, Dubai, UAE Package 'D'.